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SEC Gary Ave And Lies Rd

5.27 Acres of Commercial Land Offered at $699,000 in Carol Stream, IL 60116

Investment Highlights

  • 5.27 Acres Redevelopment Opportunity
  • Low Du Page Taxes
  • Excellent proximity to I-290, I-355, I-390
  • B-2 zoning
  • Great retail exposure along Gary Ave

Executive Summary

Located at a fully signaled intersection, this property has excellent retail exposure along Gary Avenue. This is a redevelopment opportunity which presents 5.27 build-able acres. Low Du Page County taxes. Over 10,000+ vehicles per day. Great proximity to I-290, I-355, I-390. The Village has a preference for future commercial uses near the intersection of Gary Avenue and Lies Road. The frontage of the sites on the east side of Gary Avenue might be able to attract smaller-scale specialty commercial retail, services, and entertainment. Potential uses would include restaurants, a child care facility, dry cleaners, a bank branch, phone store or drug store, or other businesses serving residents' daily needs. In addition, a bike or outdoor enthusiast sale and repair store could be suitable, especially as area bike way projects are completed. Set back from the frontage but within a short walk, medical offices (preferably associated with a nearby hospital) or medical clinics are possible. Bike and pedestrian consideration is very important to the Town Center Node as improvements would help create the desired character of the area: a more pedestrian-friendly commercial environment, which the Village currently lacks, that draws upon nearby residents, workers, and users of the Town Center. Carol Stream will welcome you! This site is zoned B-2 providing a wide mix of available property uses.

Property Facts

Price $699,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 5.27 AC

1 Lot Available

Lot

Price $699,000
Price Per AC $132,638
Lot Size 5.27 AC

Located at the SE corner of Gary Ave and Lies Road. 5.27 Build-able acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-29-204-003
Land Assessment
$50
Improvements Assessment
$0
Total Assessment
$50

zoning

Zoning Code B-2, I
B-2, I
  • Listing ID: 19829218

  • Date on Market: 6/8/2020

  • Last Updated:

  • Address: SEC Gary Ave And Lies Rd, Carol Stream, IL 60116

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